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Businesses

+ - Square Enix to Report $148 Million Loss for FY2010->

eldavojohn writes: It's no secret that Final Fantasy XIV took a lot of heat early on which required extensive damage control. And the Japanese tsunami (which appears to have added $7.5 million to their losses) certainly didn't help but if what early investor reports are saying is true then Square Enix is expected to report $148 million in losses for the closing fiscal year. Expect title cancellations (which might add to the hurt) and a very painful realization for the owner of Final Fantasy and Dragon Warrior (PDF warning). Perhaps a move to rereleasing classics will prove more fruitful than high development cost MMORPGs?
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Square Enix to Report $148 Million Loss for FY2010

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